Abstract
This paper proposes that policy makers and the Higher Education (HE) sector have a special duty to support the Environmental Goods and Services (EGS) industry. The EGS industry' market value was estimated at $484 billion in 1998. Legislation plays an important role in promoting industry demand. The HE sector has a unique role in the research and development of new sustainable processes, technologies and products, either through developing these autonomously or in collaboration with businesses. Costs hinder the diffusion of renewable energy technologies. Renewable energy sources need to be made viable by the government's introduction of taxation and carbon tariffs. This sector is further hindered by poor ability to seek international opportunities, poor adaptability of their business strategies, lack of managerial skills and poor ability to attract and retain high level human resources. This paper recommends that HE institutions and policy makers research the EGS industry to identify opportunities to support this sector and assist overcoming the above listed limitations.
Published Version (Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Environment and Sustainable Development
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.